These days, crypto is composed of layer-1 and layer-2 technologies. Layer 1s are the base layer of a blockchain network—think Solana, Ethereum and Bitcoin. Layer-2 networks sit on top of layer-1 netwo...
Tag: Bridge
Axie Infinity Ronin Bridge Hacker Starts to Shift Looted ETH
The hacker who drained $601 million in the Axie Infinity Ronin Bridge exploit has started to redistribute the loot. The address of the hacker who stole $610 million in the Ronin_Network case began to ...
Axie Infinity Ronin bridge hacker moved 2000 ETH to the Tornado Cash tumbler
As reported by CryptoSlate last week, a hacker ran off with about $615 million in ether (Ethereum) and stablecoins after exploiting a multisig contract regulating funds in the Ronin-to-Ethereum bridge...
Has the hacker of Axie Infinity Ronin bridge started moving stolen ethereum funds?
Hacks and compromising of networks in the Crypto space could turn out sometimes to be a huge loss, as happened when Ronin bridge attacked On Tuesday last week, 29th March, Ronin network’s official Twi...
Ferrum’s Highly Secured Multi-Chain Token Bridge Hits $138 Million in Total Transacted Volume – crypto.news
Ferrum Network, a blockchain platform that enables multi-chain smart contracts, recently announced their transaction volume since the launch of the Ferrum Network Multi-Chain Bridge, soon to evolve in...
Axie Infinity’s Ronin Bridge Hacker Starts to Move Stolen Ethereum (ETH)
There has been some activity on the blockchain address that was flagged as being involved in the hack on the Axie Infinity Ronin bridge last month. There have been several transactions over the past c...
Crypto Weekly Roundup: Ronin Bridge Hack, Blockchain.com’s $14B Valuation, Solana NFTs On OpenSea, And More
It has been an eventful week in the global crypto space. While the Ronin sidechain of Axie Infinity faced an exploit, robbing it of millions of dollars, crypto exchange Blockchain.com raised its valua...
Ferrum’s Highly Secured Multi-chain Token Bridge Hits $138 Million in Total Transacted Volume
Place/Date: – April 3rd, 2022 at 8:10 am UTC · 4 min read Source: Ferrum Network Photo: Ferrum Network Ferrum Network, a blockchain platform that enables multi-chain smart contracts, recently an...
Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more
The last week of March saw the decentralized finance (DeFi) market surge to new highs as institutional investors returned to the market. Amid the rising popularity of DeFi products, Axie Inifity’s Ron...
Crypto bridge Wormhole seeks $2.5 billion price tag in private token sale
Recently compromised crypto bridge project Wormhole is planning a private token sale in a bid to raise close to $200 million. Documents obtained by The Block lay out details of the proposed sale of 75...
Former Coinbase Ventures lead Max Bronstein joins bridge project Synapse as COO
Max Bronstein, who previously held roles at crypto startups Coinbase and Dharma, has joined the C-suite of the core team at Synapse, a DeFi-focused firm. Bronstein will serve as the team’s chief opera...
Ronin Bridge Exploited For Over $600 Million
According to the latest news, Ronin Network (RON), the sidechain created by the Sky Mavis team, was under a heavy hacking attack. The loss is estimated at over $600 million. Ronin Network also announc...
Thea token bridge launches on Polkadex
Thea, a token bridge and innovative interoperability layer, is now available on the Polkadex testnet, Invezz learned from a press release. It will connect the Polkadex blockchain to Ethereum (ETH/USD)...
Polkadot, Kusama to launch Wormhole bridge to Ethereum, Solana
Announced Wednesday in a blog post by Dan Reecer Chief Growth Officer at Acala and Karura, the two Polkadot protocols will integrate with Wormhole, the multi-chain bridging platform connecting blockch...
Polkadot, Kusama to Access Global Decentralized Bridge as Acala, Karura Join Wormhole
Vladislav Sopov Acala and Karura, DeFi networks of Polkadot and Kusama blockchains, have joined Wormhole ecosystem of L1s Contents Acala, Karura join Wormhole ecosystem Unlocking new liquidity and yie...
What Happened in the Ronin Bridge Attack
Ronin Network, a critical bridge chain that powers Axie Infinity, was attacked, and this resulted in in a loss of 173,600 Ethereum and 25.5M USDC, equivalent to over $600M. Since the breach occurred o...
Exchange giant Binance rolls out Binance Bridge 2.0
Binance, the largest cryptocurrency exchange platform globally by trading volumes, has announced the launch of the Binance Bridge 2.0. This feature will ease how users on the exchange can interact wit...
BNB Targets $520 Following Binance Bridge 2.0 Launch
Key Takeaways Binance has launched a new cross-chain bridge. The goal is to make DeFi accessible to a larger audience. BNB looks ready for an incoming spike in price. Share this article Binance Bridg...
Binance Bridge 2.0 Launches with New and Improved Features
The previous Binance Bridge gets a new makeover with several added features to make interchain connectivity safer and affordable. With the new improvements, the Binance-Ethereum bridging will be easie...
Hackers Snatch $600 Million From Axie Infinity’s Ronin Bridge
As per official Twitter channel for Ronin network and official Discord of Axie Infinity, they received damage of $612 Million by hackers. Attacker utilized private keys to make fraudulent withdrawals,...
Binance launches Binance Bridge 2.0 to integrate CeFi and DeFi
On Tuesday, centralized cryptocurrency exchange Binance announced the rollout of Binance Bridge 2.0. The feature enables users to bridge assets from any blockchain, including tokens not listed on the ...
Ronin Bridge Hacked For Over $600 Million In Crypto
Ronin, a popular Ethereum sidechain, famed for its association with Axie Infinity has been breached of over $600 million worth of digital assets. The project developer, Sky Mavis, revealed this on Twi...
Binance Bridge Relaunches, Now Supports Unlisted Tokens
Binance has upgraded and relaunched its cross-chain protocol, enabling connections between its BNB Smart Chain and other blockchains. Previously, the original Binance Bridge only supported tokens list...
バイナンスが「Binance Bridge 2.0」発表、非上場のイーサリアム銘柄も対応 | あたらしい経済
バイナンスが「Binance Bridge 2.0」発表 大手暗号資産（仮想通貨）取引所バイナンス（Binance）が新たなトークンブリッジ機能「Binance Bridge 2.0」を3月29日発表した。 発表によるとこの機能では、イーサリアム（Ethereum）ネットワークとバイナンス独自のブロックチェーンであるBNBチェーンのネットワーク間で暗号資産のトークンブリッジ...
Axie Infinity’s Ronin bridge hacked for over $600M
According to Axie Infinity’s official Discord and Ronin Network’s official Twitter thread, along with its Substack page, the Ronin bridge and Katana Dex have been halted after suffering an...
Largest Crypto Hack Ever? Ronin Bridge Exploited for $600M+ in ETH and USDC
Ronin – an EVM blockchain for play-to-earn games – recently fell victim to one of the largest hacks in the history of crypto. A whopping 173,600 ETH was drained from Ronin bridge within the last week,...
Binance Launches Binance Bridge 2.0, Fusing CeFi with DeFi
Binance has just unveiled Binance Bridge 2.0, which will allow for the connection of traditional crypto-based centralized finance products (CeFi) with decentralized finance (DeFi) products. The tool w...
Binance Upgrades Blockchain Bridge to Connect DeFi and CeFi
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Binance integrates DeFi and CeFi as ‘one-stop shop’ with Bridge 2.0 launch
Binance, the world’s leading cryptocurrency exchange by trading volumes, has launched a new iteration of its blockchain interoperability service, dubbed Bridge 2.0, that allows users to access both de...
Building a Bridge Between DeFi and NFT Sectors
Since traditional centralized systems have failed in offering people-centric services, decentralized finance is emerging as a better alternative. With its open, trustless, and permissionless approach,...
New AI Platform Looks To Bridge The Streamer
ISTANBUL, TURKEY – MAY 06: A man looks at a tablet while viewing historical documents and … [+] photographs displayed in a high tech art installation at Salt Galata on May 6, 2017 in Istan...